Administrator Expenses definition

Administrator Expenses means, as determined pursuant to GAAP applied on a consistent basis, any expenses of Administrator or Parent or any of their Affiliates not incurred specifically for providing services to the Practice including, without limitation: (A) any legal, accounting or other professional expenses incurred by Administrator, Parent or any of their Affiliates including those in connection with the Acquisition, (B) any expenses pertaining to the coordination of qualified retirement and benefit plans of the Group, Parent, Administrator and their Affiliates incurred by Administrator, Parent or any of their Affiliates in connection with the Acquisition and pertaining to the transfer of Group's employees to Administrator or Parent as a result of the Acquisition; and (C) all taxes of Administrator, Parent or any Affiliate not incurred for the benefit of Practice including, without limitation, income taxes of Administrator, Parent or any Affiliate (but specifically excluding any sales and use taxes related to the Practice which shall be a Practice Expense).
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Administrator Expenses means the reasonable out-of-pocket expenses of the Administrator in connection with its duties under the Administration Agreement and any taxes owed pursuant to Section 8.07 of the Indenture.
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Administrator Expenses means, as determined pursuant to GAAP applied on a consistent basis, all expenses contemplated by this Agreement other than Professional Expenses.
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Examples of Administrator Expenses in a sentence

  • Administrator shall provide or arrange for the services set forth in this Article III, and the costs, fees, expenses and other disbursements incurred by Administrator or Parent in connection therewith shall be included in Practice Expenses, except to the extent such costs, fees or expenses are expressly included in Excluded Practice Expenses or Administrator Expenses.

  • All costs, expenses and liabilities incurred by Administrator in excess of the limits of such policies identified in subsections (i) and (ii) hereof shall be included in Administrator Expenses.

  • Any expenses that are related to the overall maintenance of Administrator's quality assurance program shall be included in Administrator Expenses; provided, however, that any expenses related to such program that are incurred for services provided solely for the direct benefit of the Practice shall be included in Practice Expenses.

  • Any net recoveries from such proceeds that exceed amounts reasonably expected to be required to pay for the Plan Administrator Expenses shall be immediately turned over to New Lenox.

  • Any expenses that are related to the overall maintenance of Administrator's quality assurance program shall be included in Administrator Expenses; provided, however, that any expenses related to such program that are incurred for services provided solely for the direct benefit of the Group shall be considered a Professional Expense.

  • Administrator shall provide or arrange for the services set forth in this Article III, and the costs, fees, expenses and other disbursements incurred by Administrator or Parent in connection therewith shall be included in Administrator Expenses, except to the extent such costs, fees or expenses are considered a Professional Expense.

  • All costs, expenses and liabilities incurred by Administrator for the policies identified in subsections (i) and (ii) hereof shall be included in Administrator Expenses.

  • To the extent the Premises or Personal Property are used in connection with the Professional Operations, the costs and expenses associated with such usage shall be allocated between Professional Expenses and Administrator Expenses as approved by the Joint Planning Board.

  • Any expenses that are related to the overall maintenance of Administrator's quality assurance program shall be included in Administrator Expenses; provided, however, that any expenses related to such program that are incurred for services provided for the direct benefit of the Group Practice shall be included in Group Practice Expenses.

  • Administrator shall also design and implement all national or other non-local public relations or advertising programs on behalf of the Group Practice, the cost of which shall be included in Administrator Expenses, except to the extent such national programs are reasonably designed to replace or supplement the marketing benefits derived from local marketing, public relations or advertising programs, in which case, such costs will be included in Group Practice Expenses.


More Definitions of Administrator Expenses

Administrator Expenses has the meaning specified in Section 3.1(a).
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Administrator Expenses means, as determined pursuant to GAAP applied on a consistent basis, any expenses of Administrator or Parent or any of their Affiliates not incurred specifically for providing services to the Practice including, without limitation: (A)any legal, accounting or other professional expenses incurred by Administrator, Parent or any of their Affiliates including those in connection with the Acquisition, (B)any expenses pertaining to the coordination of qualified retirement and benefit plans of the Group, Parent, Administrator and their Affiliates incurred by Administrator, Parent or any of their Affiliates in connection with the Acquisition and pertaining to the transfer of Group’s employees to Administrator or Parent as a result of the Acquisition; and (C)all taxes of Administrator, Parent or any Affiliate not incurred for the benefit of Practice including, without limitation, income taxes of Administrator, Parent or any Affiliate (but specifically excluding any sales and use taxes related to the Practice which shall be a Practice Expense). It is the parties’ intent not to include the corporate overhead charges of Administrator in the definition of Practice Expenses.
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Administrator Expenses means, as determined pursuant to GAAP applied on a consistent basis, any expenses of Administrator or Parent or any of their Affiliates not incurred specifically for providing services to the Practice including, without limitation: (i) any legal, accounting or other professional expenses incurred by Administrator, Parent or any of their Affiliates including those in connection with the Acquisition, (ii) any expenses pertaining to the coordination of qualified retirement and benefit plans of the Group, Parent, Administrator and their Affiliates incurred by Administrator, Parent or any of their Affiliates in connection with the Acquisition and pertaining to the transfer of Group's employees to Administrator or Parent as a result of the Acquisition; and (iii) all taxes of Administrator, Parent or any Affiliate not incurred on behalf of Practice including, without limitation, income taxes of Administrator, Parent or any Affiliate (but specifically excluding any sales and use taxes related to the Practice which shall be a Practice Expense). SUBLEASE AGREEMENT This Agreement of Sublease ("Sublease"), made as of the 13th day of July, 1998, by and between FIBREBOARD CORPORATION, a Delaware Corporation, One Xxxxx Xxxxxxx Xxxxxxx, Toledo, Ohio (hereinafter referred to as "Sublessor") and AMERICAN PHYSICIAN PARTNERS, INC., a Delaware corporation, 2301 XxxxxxxXxxx Xxxxx, 000 Xxxx Xxxxxx, Xxxxxx, Xxxxx 00000-0000 (xxreinafter referred to as "Sublessee").
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Related to Administrator Expenses

  • Master Servicing Compensation The meaning specified in Section 3.14.

  • Servicing Compensation With respect to each Distribution Date, the sum of (i) the aggregate Servicing Fee for such Distribution Date subject to reduction as provided in Section 3.17, (ii) any Ancillary Income, (iii) Excess Proceeds for the preceding month and (iv) the Servicer Custodial Account Reinvestment Income for such Distribution Date.

  • Special Servicing Compensation With respect to any Serviced Mortgage Loan, Serviced Loan Combination or REO Property (other than an REO Property related to an Outside Serviced Mortgage Loan), any of the Special Servicing Fee, the Workout Fee, and the Liquidation Fee which shall be due to the Special Servicer.

  • Administration Fees The sum of (i) the Servicing Fee, (ii) the Master Servicing Fee and (iii) the Credit Risk Management Fee.

  • Additional Servicing Compensation means any servicing compensation (other than Servicing Fees, Special Servicing Fees, Workout Fees or Liquidation Fees) that any Servicer is entitled to retain under the Servicing Agreement.

  • Accrued Servicing Fees based upon the Scheduled Principal Balance of the Mortgage Loan as calculated on a monthly basis.

  • Trust Fund Expenses shall have the meaning assigned to such term in the Lead Securitization Servicing Agreement.

  • Administration Expenses means all fees, disbursements, expenses, costs, taxes and any other amounts incurred or payable by the Plaintiffs, Class Counsel or otherwise for the approval, implementation and operation of this Settlement Agreement, including the costs of notices, but excluding Class Counsel Fees and Class Counsel Disbursements.

  • Additional Trust Fund Expenses (i) Special Servicing Fees, Workout Fees and Liquidation Fees, (ii) interest in respect of unreimbursed Advances, (iii) the cost of various default-related or unanticipated Opinions of Counsel required or permitted to be obtained in connection with the servicing of the Mortgage Loans and the administration of the Trust Fund, (iv) unanticipated, non-Mortgage Loan specific expenses of the Trust Fund, including indemnities and expense reimbursements to the Trustee, the Certificate Administrator, the Master Servicer, the Special Servicer, the Operating Advisor, the Asset Representations Reviewer and the Depositor and federal, state and local taxes, and tax-related expenses, specifically payable out of the Trust Fund, (v) any fees or expenses that are expressly designated as an Additional Trust Fund Expense pursuant to any provision of this Agreement and (vi) any other default-related or unanticipated expense of the Trust Fund that is not covered by a Property Advance and for which there is no corresponding collection from a Mortgagor.

  • Additional Special Servicing Compensation As defined in Section 3.11(d).

  • Transfer expenses means all expenses of a transfer that the transfer agreement requires the payee to pay or have deducted from the gross advance amount, including, but not limited to, court filing fees, attorney fees, escrow fees, lien recordation fees, judgment and lien search fees, finders' fees, commissions, and other payments to a broker or other intermediary. Transfer expenses do not include preexisting obligations of the payee that are payable for the payee's account from the proceeds of a transfer.

  • Recoverable Incentive Compensation means Incentive Compensation received by a Covered Officer during the Lookback Period that exceeds the amount of Incentive Compensation that would have been received had such amount been determined based on the Accounting Restatement, computed without regard to any taxes paid (i.e., on a gross basis without regard to tax withholdings and other deductions). For any compensation plans or programs that take into account Incentive Compensation, the amount of Recoverable Incentive Compensation for purposes of this Policy shall include, without limitation, the amount contributed to any notional account based on Recoverable Incentive Compensation and any earnings to date on that notional amount. For any Incentive Compensation that is based on stock price or TSR, where the Recoverable Incentive Compensation is not subject to mathematical recalculation directly from the information in an Accounting Restatement, the Administrator will determine the amount of Recoverable Incentive Compensation based on a reasonable estimate of the effect of the Accounting Restatement on the stock price or TSR upon which the Incentive Compensation was received. The Company shall maintain documentation of the determination of that reasonable estimate and provide such documentation to the Exchange in accordance with the Listing Standards.

  • Transition Expenses The reasonable costs (including reasonable attorneys’ fees) of the Backup Servicer incurred in connection with the transferring the servicing obligations under this Agreement and amending this Agreement to reflect such transfer in an amount not to exceed $100,000.

  • Compensation means all base straight time gross earnings and commissions, but exclusive of payments for overtime, shift premium, incentive compensation, incentive payments, bonuses and other compensation.

  • Class Expenses means expenses incurred by a particular Class in connection with a shareholder services arrangement or a distribution plan that is specific to such Class or any other differing share of expenses or differing fees, in each case pursuant to a plan adopted by the Trust pursuant to Rule 18f-3 under the 1940 Act, as such plan or Rule may be amended from time to time;

  • Trustee Fees and Expenses As compensation for and in payment of trust expenses related to its services hereunder other than Extraordinary Trust Expenses, the Trustee will receive Trustee Fees on each Distribution Date in the amount equal to $2,000. The Trustee Fee shall cease to accrue after termination of the Trust. The "Trigger Amount" with respect to Extraordinary Trust Expenses for the Trust is $25,000 and the Maximum Reimbursable Amount is $100,000. The Trustee Fee will be paid by the Expense Administrator. Expenses will be reimbursed by the Expense Administrator in accordance with the Expense Administration Agreement. Expense Administrator: The Trustee will act as Expense Administrator on behalf of the Trust pursuant to an Expense Administration Agreement, dated as of the date of the Trust Agreement (the "Expense Administration Agreement"), between the Trustee as Expense Administrator (the "Expense Administrator") and the Trust. The Expense Administrator will receive a fee equal to $5,500 payable on each Distribution Date. The Expense Administrator Make-Whole Amount, if any, shall also be considered part of the Expense Administrator's fee hereunder and under the Expense Administration Agreement. The Amounts specified in this paragraph are also referred to as the "Expense Administrator's Fee". The Expense Administrator will be responsible for paying the Trustee Fee and reimbursing certain other expenses of the Trust in accordance with the Expense Administration Agreement.

  • Certificate Administrator Fee With respect to each Mortgage Loan and the beneficial interest of the Trust Fund in each REO Mortgage Loan, the fee designated as such and payable to the Certificate Administrator pursuant to Section 8.05(a). The Certificate Administrator Fee includes the Tax Administrator Fee and the Trustee Fee, each of which shall be paid by the Certificate Administrator as provided herein.

  • Administrative Costs means all costs and expenses associated with providing notice of the Settlement to the Class or otherwise administering or carrying out the terms of the Settlement.

  • Program Expenses means all UHC’s expenses of administering the Program under the Indenture and the Act and shall include without limiting the generality of the foregoing; salaries, supplies, utilities, labor, materials, office rent, maintenance, furnishings, equipment, machinery and apparatus, including information processing equipment; software, insurance premiums, credit enhancement fees, legal, accounting, management, consulting and banking services and expenses; Fiduciary Expenses; remarketing fees; Costs of Issuance not paid from proceeds of Bonds; and payments to pension, retirement, health and hospitalization funds; and any other expenses required or permitted to be paid by UHC.

  • Servicing Fees With respect to each Mortgage Loan and REO Loan, the Master Servicing Fee and the Special Servicing Fee.

  • Administrator/Benchmark Event means, in relation to any Benchmark, the occurrence of a Benchmark Modification or Cessation Event, a Non-Approval Event, a Rejection Event or a Suspension/Withdrawal Event all as determined by the Issuer.

  • Special Servicing Fees shall have the meaning assigned to such term in the Servicing Agreement or such other analogous term used in the Servicing Agreement.

  • Available Master Servicer Compensation With respect to any Distribution Date, the sum of (a) the Master Servicing Fee for such Distribution Date, (b) interest earned through the business day preceding the applicable Distribution Date on any Prepayments in Full remitted to the Master Servicer and (c) the aggregate amount of Month End Interest remitted by the Servicers to the Master Servicer pursuant to the related Servicing Agreements.

  • Administrator means the Board or any of its Committees as shall be administering the Plan, in accordance with Section 4 of the Plan.

  • Additional Trust Fund Expense Any expense of the Trust Fund that (i) arises out of a default on a Mortgage Loan or a Serviced Pari Passu Companion Loan or an otherwise unanticipated event, (ii) is not included in the calculation of a Realized Loss, (iii) is not covered by a Servicing Advance or a corresponding collection from the related Borrower, and (iv) is not covered by Default Charges collected on the Mortgage Loans to the extent provided herein.

  • Operating Advisor Consulting Fee A fee for each Major Decision on which the Operating Advisor has consultation rights equal to $10,000 or such lesser amount as the related Mortgagor pays with respect to any Serviced Mortgage Loan (or Serviced Loan Combination, if applicable), payable pursuant to Section 3.06(a) and Section 3.06A(a) of this Agreement; provided, that the Operating Advisor Consulting Fee shall be payable only to the extent such fee is actually received from the related Mortgagor as a separately identifiable fee; provided, further that the Operating Advisor may in its sole discretion reduce the Operating Advisor Consulting Fee with respect to any Major Decision; and provided, further that the Master Servicer or Special Servicer, as applicable, may waive or reduce the amount of any Operating Advisor Consulting Fee payable by the related Mortgagor if it determines that such full or partial waiver is in accordance with the Servicing Standard (provided that the Master Servicer or the Special Servicer, as applicable, shall consult with the Operating Advisor on a non-binding basis prior to any such waiver or reduction).